SOMETHING FOR THE HAVES.
Uber-broker Dolly Lenz has been courted by The Apthorp development team and she has accepted to help them sell their supreme residences. How many does she need to sell to declare the condo plan effective by the September deadline? Only 8. This is exciting news to follow. She has the month of August and until the September 15 deadline date to sell 8 apartments to the wealthiest members of planet earth. Doesn’t sound to difficult for someone like Dolly who just rented Brangelina the Rupert Murdoch estate on The North Fork of Long Island for $100,000 a month. So, all she has to do is make a few calls right? I think she will do it. Whoever purchases will obviously be offered a sweet to the taste discount. Stay tuned to see which masters of the universe help save the day. Check The Real Deal article for more on this.
The Apthorp Courtyard
NY Apartment Updates: THE Apthorp, one of New York’s grandest apartment buildings with a sprawling interior courtyard and vaulted limestone arches has been wracked with contentious disputes, feuding partners, lenders threatening to foreclose but now there’s calm after the storm.
[NY Times]Asking prices on the condominiums fell to an average of $1,950 a square foot from $2,400 to $3,000, at least for the buyers of the first 25 or so apartments that must be sold before the condo plan can be declared effective.
Will the many celebrities that have been considering a purchase at this noble establishment Alec Baldwin, Sarah Jessica Parker, Matthew Broderick, Tommy Mottola, return now that the dust has settled? Will they be seduced now the prices are even more affordable despite the fact that they are the only one’s who could afford them in the first place?